The European Union’s competition chief has warned against relying “too much” on U.S. liquefied natural gas imports as the bloc looks to diversify its energy basket.
“We know that we cannot rely on Russian gas, and that we should pay attention not to rely too much on American gas,” Teresa Ribera told RTE Radio in an interview on Tuesday.
Following Russia’s invasion of Ukraine, Europe has replaced some of its lost Russian gas volumes with U.S. LNG, and has been under pressure to bump up those purchases. A trade deal with Washington last year included a commitment to purchase $750 billion in U.S. energy by 2028.
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